Arikah Map

Cathay Pacific

(Redirected from Cathay Pacific Airways Limited)

<tr><td colspan="3" style="text-align: center; background-color: #FFFFFF;">Cathay Pacific:CX Logo</td></tr><tr><th colspan="2">Hubs</th><td>Hong Kong International Airport</td></tr><tr><th colspan="2">Focus cities / secondary hubs</th><td>Suvarnabhumi Airport
Taiwan Taoyuan International Airport</td></tr><tr><th colspan="2">Frequent flyer program</th><td>Asia Miles
The Marco Polo Club</td></tr><tr><th colspan="2">Member lounge</th><td>First / Business Class Lounges (The Wing and The Pier in Hong Kong International Airport)</td></tr><tr><th colspan="2">Alliance</th><td>Oneworld</td></tr><tr><th colspan="2">Parent company</th><td>Swire Group (Swire Pacific)</td></tr>
Cathay Pacific Airways
國泰航空公司
IATA
CX
ICAO
CPA
Callsign
CATHAY
Founded1946
Fleet size101(+36 orders)
Destinations102
HeadquartersHong Kong
Key peoplePhilip Chen (CEO)
Christopher Dale Pratt (Chairman)
Website: http://www.cathaypacific.com

Cathay Pacific Airways Limited (Traditional Chinese: 國泰航空有限公司; Simplified Chinese: 国泰航空有限公司; pinyin: Guótài Hángkōng Yŏuxiàn Gōngsī; abbreviation: 國泰/国泰) (SEHK: 0293) is an Asian commercial airline based in Hong Kong and operating scheduled passenger and cargo services to 102 destinations world-wide. It is the flag carrier of Hong Kong with its main base at Hong Kong International Airport. It is one of the four airlines to carry a "five star" rating from Skytrax.


Contents

History

Cathay Pacific:Boeing 747-400 at Hong Kong Chep Lap Kok Airport
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Boeing 747-400 at Hong Kong Chep Lap Kok Airport
Cathay Pacific:A Cathay Pacific Boeing 747-400 aircraft at London Heathrow Airport
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A Cathay Pacific Boeing 747-400 aircraft at London Heathrow Airport
Cathay Pacific:Cleaning a Cathay Pacific Boeing 747-400 at London Heathrow Airport
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Cleaning a Cathay Pacific Boeing 747-400 at London Heathrow Airport
Cathay Pacific:A Cathay Pacific Airbus A330-300 at Taiwan Taoyuan International Airport
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A Cathay Pacific Airbus A330-300 at Taiwan Taoyuan International Airport
Cathay Pacific:Many planes parking side by side at Hong Kong International Airport.
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Many planes parking side by side at Hong Kong International Airport.

Cathay Pacific Airways was founded in Shanghai, China on September 24, 1946 by American Roy Farrell and Australian Sydney de Kantzow, both ex-air force, who each put up HK$1 to register the airline. According to legend, the airline was conceived by Farrell and some foreign correspondents at the bar of the Manila Hotel. They named it "Cathay" since it was an ancient name given to China, and "Pacific" because they believed that they would one day fly across the Pacific to the US.[1] On Cathay Pacific's maiden voyage, Roy Farrell and Sydney de Kantzow flew from Hong Kong to Manila, and later on to Shanghai. They had a single Douglas C-47. The company initially flew routes between Hong Kong, Sydney, Manila, Singapore, Shanghai, and Guangzhou, while scheduled service was limited to Manila, Singapore and Bangkok only. In 1948 Butterfield & Swire bought 45% of Cathay Pacific, with Australian National Airways taking 35% and Farrell and de Kantzow taking 10% each. The new company began operations on 1 July 1948 and was registered as Cathay Pacific Airways (1948) Ltd on 18 October 1948. Swire later acquired 52% of Cathay Pacific and today the airline still is part of the Swire Group through Swire Pacific.

The airline prospered into the 1960s, buying rival Hong Kong Airways in 1959, recording double digit growth until 1967, acquiring its first jet engined aircraft (Convair 880), and beginning international routes to airports in Japan. By 1966 the airline had carried a million passengers. Expansion continued throughout the 1970s and especially into the 1980s, when an industry-wide boom encouraged route growth to many European centres and when Cathay Pacific went public in 1986. In January 1990, Cathay Pacific and its parent company, Swire Pacific, acquired a significant shareholding in Dragonair, and a 60% stake in cargo airline Air Hong Kong. Cathay Pacific was hurt by the Asian recession of the late 1990s, undergoing a reorganization and developing a new identity.

In 1996 the Chinese CITIC bought a 25% stake in Cathay Pacific. The Swire Group holding was reduced to 44% as two other Chinese companies, CNAC and CTS also bought substantial holdings. In September 1998 Cathay Pacific became a founding member of the Oneworld alliance.

In 2004 the airline had a turnover of HK$ 39,065 million and made a profit of HK$ 4,417 million. On June 9, 2006, Cathay Pacific underwent a shareholding realignment under which Dragonair would be wholly owned by Cathay Pacific but continue to operate under its own brand, Air China, and its subsidiary CNAC Limited, would acquire a 17.5% stake in Cathay Pacific, and Cathay Pacific would double its shareholding in Air China to 20%. CITIC would reduce its shareholding to 17.5%, and Swire would reduce its shareholding to 40%.

In 2006 the airline celebrated its 60th anniversary, holding a year of roadshows named the "Cathay Pacific 60th Anniversary Skyshow" where the public could see the developments of the airline through the last 60 years, play games, meet some of the airline's staff and view vintage uniforms. Cathay Pacific also introduced 60th anniversary merchandise and inflight meals served by famous restaurants in Hong Kong in collaboration with the celebrations.

Acquisition of Dragonair

On 9th June 2006, Cathay Pacific, Swire Pacific, Air China, CNAC and CITIC Pacific reached an agreement to change the shareholder structure of Cathay Pacific, Dragonair and Air China. The shareholding realignment was officially completed on 28th September 2006 after government approval and necessary financial transaction. Under the agreement, which was approved by four companies' shareholders on August 22, Dragonair will be wholly owned by Cathay Pacific. Air China will acquire a 17.5% stake in Cathay Pacific, and Cathay Pacific will double its shareholding in Air China to 20%.

Swire will remain the principal, long-term shareholder in Cathay Pacific. Dragonair will continue to operate under its own brand, but under Cathay Pacific's management.

Cathay Pacific and Air China will continue to develop closer cooperation on many fronts, including establishing an air cargo joint venture in Shanghai.

Under the agreement:

1. Dragonair will become the wholly owned subsidiary of Cathay Pacific- Cathay Pacific has offered to acquire the remaining 82.21% shareholding in Dragonair that it does not already own for HK$8.22 billion, turning it into a wholly owned subsidiary.- The consideration for the Dragonair shares will be a combination of the issue of new Cathay Pacific shares at HK$13.50 each and cash.

2. Air China will become a substantial shareholder of Cathay Pacific- Air China will acquire Cathay Pacific shares from Swire Pacific and CITIC Pacific at HK$13.50 each. Air China will therefore become a shareholder of Cathay Pacific with a 10.16% equity interest for a total consideration of HK$5.39 billion. In aggregate, Air China and its subsidiary CNAC Limited will own an aggregate 17.5% of Cathay Pacific.- Both Swire and CITIC have also undertaken to further reduce their respective shareholding in Cathay Pacific to 40% and 17.5% within 12 months of the completion of the agreement by selling Cathay Pacific shares in the open market.

3. Cathay Pacific will increase its shareholding in Air China- Cathay Pacific has agreed to subscribe in cash for 1,179 million Air China H shares at HK$3.45 per each Air China H share, increasing its shareholding in Air China to 20% from 10% at a total cost of HK$4.1 billion.- Reflecting its confidence in the benefits and synergies from acquiring Dragonair, Cathay Pacific has agreed to pay a special dividend of HK$0.32 per share upon completion of the transaction.

Reference: Cathay Pacific Website

Awards

Cathay Pacific was named World's Best Overall Airline in 2003 and 2005 by Skytrax survey. The airline was also awarded with Best First Class, Best First Class Lounge (Hong Kong), and Best Business Class Lounge (Hong Kong) by Skytrax.SourceThe airline was named Airline of the Year 2006 by Air Transport World (ATW).Source

It was also named Airline of the Year 2006 by OAG. Source

Onboard Services

Onboard Entertainment

Cathay Pacific's onboard entertainment system is called StudioCX. All seats in all classes are equipped with Personal TVs (PTVs), but the content comes in two versions:

Ten interactive games are available in all classes on all flights where the AVOD is available on the aircraft.

AVOD is available in First and Business Class on Boeing B747-400s, Airbus A340s (both -300s and -600s) and selected A330-300s (long-haul, 3-class configuration). The system is not available on any aircraft in Economy Class, nor in the Regional Business Class of the Boeing 777-200s and -300s, and selected A330-300s (regional, 2-class configuration). However, passengers travelling in the newly-enhanced Economy Class can be able to use the AVOD system starting from January 2007 on selected long-haul flights. [1]

Inflight magazine

Further information: Discovery (Magazine)

Reference: Cathay Pacific Website

Innovative New Seats

Starting January 2007, Cathay Pacific will be phasing in new seat designs and cabin interiors with enhanced inflight entertainment options. One of the most important features common to the business and economy classes is the new three-point seatbelt design, which was previously used on business jets only. This design will offer increased stability at take-off and landing. The 3-point design only has to be used during take-off and landing and can be converted back to a common 2-point lap belt during the flight if desired.

The first aircraft to install the new seats will be B-HKT, a Boeing747-400. However, only New First and Buisness Class seats will be installed. The new Economy Class seats will be installed in late May, 2007

First Class

The new First Class seats are fully adjustable with massage function. The new seats can be easily converted into a 36” x 81” bed, believed to be the largest provided on any commercial airline. Additional stowage space and a personal closet will also be provided as well as an ottoman for others to "visit". In total, the seat can actually seat up to three people, and the seat can also be used as a chaise. The new First Class will also feature a new extendable meal table and an enhanced personal entertainment system with a fully adjustable 17" 16:9 TV screen.

More Information

Business Class

The New Business Class will feature suites with luxurious seats that can be converted into a 6-foot 6-inch horizontal flat bed in herring-bone configuration. The new seats also offer four-way lumbar support and a relaxing massage. The angle of the seat, leg-rest, and footrest can all be adjusted to provide extra comfort. The New Business class will also offer a new 110V AC power socket. The enhanced inflight personal entertainment system will offer a large 15" 16:9 personal TV and Audio Video On Demand. The handset doubles as a personal phone.

More Information

Economy Class

The New Economy Class seats, designed by B/E Aerospace, will have a fixed back design, which allows passengers to recline their seats without intruding on those seated behind. The new Live Back Upholstered Seats uses office chair technology to provide extra support for the spine. A larger 9" personal TV screen will be able to offer Video Audio On Demand. Other features of the New Economy Class include: a larger tray table, a coat hook and a literature pocket that has been relocated to below the seat cushion which creates more leg room for passengers.

More Information

Cathay Pacific network

Further information: Cathay Pacific destinations
Cathay Pacific:Cathay Pacific passenger route map as of 2 April 2006
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Cathay Pacific passenger route map as of 2 April 2006

Codeshare partners

Cathay Pacific's network is expanding rapidly with codeshare links from Oneworld hubs such as American Airlines' Chicago O'Hare, Dallas/Fort Worth, Miami International Airport, Los Angeles, and British Airways' London Heathrow.

Cathay Pacific has also started to codeshare on France SNCF TGV Trains from Aéroport Charles-de-Gaulle TGV Station to ten French cities.

Recently, Cathay Pacific and British Airways have expanded their codeshare agreement. Zurich has been added to one of the Cathay Pacific's codeshare destinations.

Flight numbers

Flight numbers are as follows:

Fleet

Cathay Pacific's aircraft fleet consists of 100 planes, of which are 36 fitted with 3 classes of service (First, Long-haul Business, and Economy) for long-haul flights and 47 are fitted with 2 classes of service (Long-haul/Regional Business and Economy) for short-haul flights and some long-haul flights. The fleet also includes 16 freighters. Cathay Pacific has made 36 aircraft orders, 2 of which are aircraft from the fleet being reconfigured into freighters.

Current fleet by aircraft size
(as of 30 August 2006)
AircraftIn Operation
(on order)
Seat ConfigurationNotes
Airbus A330-300 (330)20 (5)J44/Y267(311)With new Regional Business Class on some aircraft
Airbus A330-300 (333)7F8/J32/Y211(251)With Long Haul Business Class
Airbus A340-300 (34C)5F8/J30/Y205(243)With Long Haul Business Class. Will be replaced by Boeing 777-300ER (Low Density) in the future.
Airbus A340-300 (34D)10J30/Y257(287)With Long Haul Business Class. Will be replaced by Boeing 777-300ER (High Density) in the future.
Airbus A340-600 (346)3F8/J60/Y218(286)With Long Haul Business Class and Enhanced Economy Class.
Boeing 747-200F7-
Boeing 747-400 (744)17 (3) F12/J47/Y324(383)With Long Haul Business Class
Boeing 747-400 Premium (74J)4F12/J65/Y268(345)With Long Haul Business Class
Boeing 747-400F6 -
Boeing 747-400BCF3 (3)-
Boeing 747-400ERF0 (6)-
Boeing 777-200 (772)5J45/Y291(336)
Boeing 777-300 (773)12J59/Y326(385)With new Regional Business Class on some aircraft
Boeing 777-300ER (77W)0 (18)Low Density: F6/J60/Y240(306)
High Density: F6/J40/Y290(336)
Will launch CX's next generation of First, Long Haul Business and Economic Classes. All classes will be fitted with AVOD. [2]Official information from CX's website
Cathay Pacific:Cathay Pacific's B777-300ER
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Cathay Pacific's B777-300ER

At April 2006 the average age of the Cathay Pacific fleet was 7.0 years.

On July 29 2005, Cathay Pacific took delivery of its 95th aircraft, an Airbus A330-300 aircraft, which is equipped with new-generation entertainment system. Cathay Pacific has 5 more Airbus A330-300s on firm order and will also be adding to its fleet 13 747-400s, some new and some reconfigured from the fleet. By September 2006, Cathay's 60th anniversary, the fleet size reached 100 aircraft.

On December 1, 2005, Cathay Pacific announced one of the biggest aircraft order in its history, ordering 16 777-300ER aircraft (12 from Boeing and 4 on lease from ILFC) to be delivered between September 2007 and July 2010, plus options on 20 more of the type, in which 2 of the options are converted to orders on June 1, 2006. The airline intends to use the 777-300ERs to displace existing A340s, some of which are early models with payload limitations. Cathay Pacific also ordered 3 more Airbus A330-300 from Airbus the same day, with the delivery of the aircraft in 2008. Cathay Pacific may soon reach a decision regarding the issue of how the airline's future high-capacity long-haul requirements are to be fulfilled by ordering either the A380-800 or the 747-8. However, the airline may be headed towards an order for the 747-8 in exchange for more US routes; it is said to be in negotiation with Boeing for this.

On June 1, 2006, Cathay Pacific placed orders for two more Boeing 777-300ER aircraft, increasing its commitment to a total of 18 aircraft of this type. Previously, the airline placed firm orders for 16 777-300ERs with purchase rights to 20 more. Two of these purchase rights have now been exercised. All of these aircraft will be powered by General Electric GE90-115B engines.

On July 27, 2006, Cathay Pacific received its 99th aircraft, a 777-367, with the registration code of B-HNQ.

On August 29, 2006, Cathay Pacific took delivery of its 100th aircraft, an Airbus A330-300 with registration B-LAD. The aircraft acceptance ceremony took place in Toulouse. The aircraft was painted in a special 60th anniversary livery with a 60th anniversary sticker behind the second doors (2L and 2R) and the letters '100th aircraft' at the rear of the aircraft. The aircraft was named 'Progress Hong Kong', a name that was chosen from a naming competition by the staff.

Historic fleet

Since its foundation in 1946, Cathay Pacific had operated many types. The first two Cathay Pacific aircraft were two World War II surplus Douglas DC-3 named Betsy and Nikki. Aircraft that have been in service with Cathay Pacific are:

In the late 1980s and early 1990s, Cathay Pacific was the largest operator of Lockheed TriStar outside the USA.

Loyalty programmes

Main article: Asia Miles

Cathay Pacific has 2 programmes: the Marco Polo Club ("The Club") and Asia Miles. The Marco Polo Club allows members exclusive benefits. Asia Miles is a separate travel reward programme that comprises a variety of airlines and hotel partners in Asia, as well as credit / charge card companies, car rental agencies, telecommunication companies and other non-airline partners. Members of 'The Club' are automatically enrolled as Asia Miles members.

Source: Asia Miles-Home

The Marco Polo Club has a history of over 36 years, with members divided into 4 tiers: Diamond, Gold, Silver and Green.

Trivia

Cathay Pacific, along with Kingfisher Airlines, Singapore Airlines, Middle East Airlines, Scandinavian Airlines System, Emirates and Virgin Atlantic have personal TV's (PTVs) on every seat on every aircraft in their fleet.

See also

References

  1. ^ "Fly away with Cathay Pacific", Air Highways, retrieved 8 March 2006


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Cathay PacificFinnairIberia AirlinesLanQantas
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